April 11, 2017

Usual Questions

 

IS YOUR FEE BASED ON THE ORIGINAL DEBT AMOUNT?

No! The fee (percentage) is based only on what is recovered.

 

HOW LONG DOES THE PROCESS TAKE?

 There is no yardstick. Each debt relies on its own merits.

On average, a recoverable debt will vary from two to three weeks.

Debts may take longer – ie those on a payment plan.

 

DO YOU REQUIRE COURT COSTS & LEGALS TO START?

No!  We will be intent on recovering your debt without any need

of the court system whatsoever.

 

DO YOU HAVE A PRICE LIST OF OPTIONS?

No! We don’t fragmented the recovery process. We muster all resources to collect the debt.

 

IS THERE A MEMBERSHIP REQUIREMENT?

No! No membership! We merely collect debts.

 

HOW DO YOU OPERATE?

Our full modus operandi is not disclosed. One aspect that works for us is that we door knock.

We employ experienced field agents for this purpose.

We door knock with your invoice

 

CAN YOU FIND SOMEONE WHO HAS DONE A RUNNER?

 We are members of THE most effective default databases

which enables us to place an ALERT on your debtor.

You may want to check the ABSCONDED page (under Helpful Info).

Members of the public often provide us with information on these people.

 

WHAT IF THE DEBTOR HAS NO MONEY?

This is often a common cry of debtors. If money is short-on we will

negotiate a payment plan within the debtor’s budget.

Payments are EFT to our trust account and we monitor the periods.

All trust funds are disbursed to our clients with a statement at month-end.

 

SHOULD I ELECT TO GO TO COURT  –  WHICH COURT?

For a claim under $10,000, it’s a MINOR CASE CLAIM in the Magistrates Court.

$10k to $75k is a GENERAL PROCEDURE CLAIM in the Magistrates Court.

$75k to $250k – is Service is by writ in the District Court.

$250k plus is Service by writ in the Supreme Court.

 

for Debt collection Australia wide

First International Debt Collection

OBTAIN A QUOTE FOR YOUR DEBT

Licensed bonded debt collection agency. ABN: 38 091 890 570 Member of Institute of Mercantile, Agents Australia Collectors Association, Mercantile Agents Association
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